China National Building Materials (CNBM)
China National Building Materials (CNBM) plans to become a shareholder in Eurocement Group, Russia’s leading producer of construction materials. The deal, which was signed i...
Russia
299 posts · Page 18 of 30
Russia: CNBM to buy shares in Eurocement
China National Building Materials Group Corporation (CNBM) plans to become a shareholder of Russian cement producer Eurocement Group, the latter company said in a statement Mon...
Eurocement eyes Denmark and Britain markets
“Contracts in Denmark and Britain are forthcoming,” according to Eurocement’s CEO, Mikhail Skorokhod, as the company expands its global reach. Since the end of 2016, the Rus...
Mongolia explores export to Russia
With Mongolia’s cement production on the rise, the country may start exporting its surplus to countries such as Russia. National producers are currently studying the possibilit...
Russia: Spassktsement net profit falls to RUB365.25m in 2015
Net profit of Spassktsement OAO fell to RUB365.25m (US$5.45m) in 2015, a drop from RUB1.05bn over the same period in 2014, the company reported. Revenue increased in the accou...
Russia: new cement plant for Dagestan
Azerbaijani investors will build a 1.8Mta cement works, Dagestan Cement Plant, and a 30ha Trade and Logistics Centre between Makhachkala and Kaspiysk, according to Ramadan Abdu...
Russia: Ninth PetroCem conference gets underway
The ninth PetroCem Conference and Exhibition opened its doors on Monday when Russia's cement industry and more than 500 international delegates met for discussions in St Peters...
The BRICs come under pressure
While the cement world has been concentrating on the slowdown in China and the large-scale mergers in India's cement sector, there has been little notice to the plight of other...
Russia: LSR Group appoints members to the board at its AGM
LSR Group has elected its new Board of Directors, consisting of nine members. The new board will now consist of: Aleksandr Vakhmistrov, Olga Sheikina, Evgeny Yatsyshin, Dmitri ...
Sberbank and Eurocement agree debt restructuring deal
Russia's leading cement producer, Eurocement group, and Sberbank CIB have agreed on conditions for restructuring the company’s loan portfolio. The deal envisages pushing bac...